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To: Texas Patriot

Thanks for the clarification. That's not my understanding of how this is supposed to work because, if true, it sounds as though it is double taxation.

I want to dig into it a little deeper and see what's going on.


53 posted on 05/03/2005 8:09:24 AM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: DustyMoment
Your Welcome, I always thought of it as a straight forward sales Tax until I really read what they were saying. unfortunately you will find a lot of questions about the NRST, but there are questions about all the Taxing schemes out there. they all have their places where Abuse can take place and possible positive/negative economic consequences. my favorite 3 are the NRST, then comes a true flat tax 15% on everything and I mean everything! then I read alittle bit about something called an APT (don't flame me people) where every single financial(key word) transaction that takes place would be taxed at a fraction of 1% it kind of sounded neat but it has severe problems as well once you get into it. Dig away at least have fun with it.
66 posted on 05/03/2005 8:39:02 AM PDT by Texas Patriot (Remember.... The Alamo, never forget HOORAHH!!!!!)
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